New Amazon Tablet Expected to Rival iPad

WSJ's Stu Woo reports the tech world's eyes are on Amazon CEO Jeff Bezos, who is expected to unveil the company's entry into the tablet arena. Reuters photo.

This transcript has been automatically generated and may not be 100% accurate.

... and ... and the Lanci's expected the latest and possibly biggest challenger to Apple'siPad acted on a tablet device you will have details ... and he joins the on site in New York's you for the entertainment ... lawyer in New York for the event yet the Currie Cup ... for a while yet ten o clock the age of business success is expected to be here and and and so we all expected the ins and what the coming New York ... and he can do NL West added to want to come out here shop ... dummy and an outing as usual ... to its own Christmas shopping early continue her to the iShares is conference as ... to what we know about the public NetEase the actually said that this is coming right but have denied any speculation that is the tablet um we know that it's can be roughly seventy inches the new with a smile and yet that ... on and is in Iran and Andrade and ... I we don't know what the public that the cost that we think it's gonna be way last night at the beach or the fifty dollars ... and might come bundled with Amazon Prime that gives you the premium shipping as well as access to TV shows and movies ... it's not ... you know it's it's what what is Emma was Amazon doing this and since then ... um ... if you assume ... that ... the world Metabolix Cunnane moves away Pcs if I'll get to very commoditized is what you think the applications that they're interested in selling what it what does Amazon and yet it is just too many reasons I don't think they're selling it that they might not be so it may not have done there's that left to cushion the Kindle doesn't actually make money but they're selling and theres a model for people by the Kindle download on the books I've read so with the tablet they wanted to ... see one of ... our direct more people to their website now where people can shop and also on its older diesel gets movies books ... music ... and then that I mean that has been Apple's model for success in people bought their products because the how tight the incidence is easy in and for an inviting seem to be tracking the same thing it's interesting that we've seen ... despite a lot of mobile phone companies trying to do this with the tablet not having a lot of success potentially this comes from a content site ... driving the device that maybe don't have a lot brighter when Amazon has said that the Cubbies don't have that this huge librarian in ... there that are sold in the tablet of the selection that are really competitive and price are there under the under undercutting outlook on things like sewing things at low cost of the leading caught a ride so ... let me come back to the Apple business model in contrast with the Amazon ... Apple me money ... to work loses ... every closes them ... a from what you say Amazon's Kindle Android is an open system ... so in effect ... Apple makes its money because in effect EQT when the Apple universe Amazon is opened ... I'm in a walk in the ISM's opened its open source harder probably not meant for Amazon to make money this way isn't ready yet what what they do what we expect them to get the tablet is making a whole lot easier to buy things from Amazon and they get from other sites or to see how this works out as pretty easy to buy stuff from Amazon today we went into the tablet think is that if you know aam is a village of teetered you can be like you to get the shoes lying about swinging back into shock a new tablet like they were the people on things like the Kindle or the Kindle was the closest it gets right so you can see why that made sense for Amazon right this one is is kind of a tougher thing but ... you know stop price is doing very well ... I think investors obviously think the world of chess pieces so you know maybe he'll be a big ... positive surprise is that you know we're one big question is how good thing actually can be from the rugby league design details well we we we know nothing about work that they are they actually are pre much pre bout this Kaplan top ... shelf up an Asian manufacturer ... on to try it out for the holiday season it does not help a lot of their designs are coming ... in every release a tablet with their own design next year still say they might not be it might not be good but I think this is anything to do with the reports we've heard lately that app for example on ... Apple's point that potential ... I've Arike and deliveries are Chevron said it expects run on a season that they're they're awesome thoughts Annapolis writing that doesn't slide ... these markets with the I pad or so and somewhat happy part to not serve as the true ... um what what this job candidates and I'm yet to remember that Amazon has only made one device in their entire fifteen year history ... that's the Kindle the first one was so good but you can learn from ... their Apple Bottling next week as its own meaning we expected to announce the outcome find that's really the rumor ... aam ... we expect them to sort of have any response to Amazon's did you know um I think that you received McJobs has taken a lot of gaps Amazon com and use out there anymore but I don't think they wanna be that the concern that ... we just wanna mention today Nintendo has a great story in The Wall Street Journal said pointing out that I'm people using the tablet are more likely to make purchases are more likely to spend more on mine another ... on alignments ... are coming true ... the event the doctors the people of other tablet are probably know it will wind up in the dollar ... has ended on an epic or absolutely I mean I'm going to mean we mean is that ... the reason for her acting as an organist twenty update their conversion rate typically ... on a tablet for online purchases was about forty five percent versus three percent from one that is the difference is that the relative ease and government ... debt at of course it the Amazon tablet being priced much lower ... the karate ... kid and you get in and heading into the one of these I think they made up the incessant attacks are so our play with technology ... vacuous now it's working for tied up with long-time actual ... Walt Mossberg might have some sort of ... honestly there's not enough when you really live with her ... with an unchanged and thanks to